FDL flinders diamonds limited

what does finish on a high mean, page-2

  1. 1,396 Posts.
    well if u watched close today only 60mill of the 300mill traded were done below the previous close of 7.5. Thats very bullish to me. Cap it off with the close being the same as the high for the day 8.3 - 8.4, means to me its bubbling very nicely for real rise anytime now!

    Buyers kept coming and filling holes all day after the drop on open. And in the arvo the buy depth began to deepen well and armwrestle to win over.

    7 cents was tested with massive sell pressure for first 45mins of trade and it bounced nice and hard and not just to idle bak to the previous close but momentum came twice as a 2nd wave of massive selling came later in the day, day trader profit takers no doubt would constitute many of those.

    I see sellers thinning each time the buying pressure mounts here.

    Add to all this that its massive volume during a retrace and bounce.

    Thats my wrap on the day.
 
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